As of 2026-06-17, the Relative Valuation of Electrovaya Inc (ELVA.TO) is 4.21 CAD. This relative valuation is based on P/E multiples. With the latest stock price at 14.13 CAD, the upside of Electrovaya Inc based on Relative Valuation is -70.2%.
The range of the Relative Valuation is 2.06 - 7.69 CAD.
| Range | Selected | |
| Trailing P/E multiples | 29.6x - 54.3x | 42.0x |
| Forward P/E multiples | 22.5x - 31.8x | 27.2x |
| Fair Price | 2.06 - 7.69 | 4.21 |
| Upside | -85.4% - -45.6% | -70.2% |
| Date | P/E |
| 2026-06-11 | 96.83 |
| 2026-06-10 | 91.25 |
| 2026-06-09 | 97.04 |
| 2026-06-08 | 101.91 |
| 2026-06-05 | 101.84 |
| 2026-06-04 | 109.11 |
| 2026-06-03 | 111.02 |
| 2026-06-02 | 120.48 |
| 2026-06-01 | 110.81 |
| 2026-05-29 | 113.42 |
| 2026-05-28 | 114.69 |
| 2026-05-27 | 112.86 |
| 2026-05-26 | 113.35 |
| 2026-05-25 | 110.03 |
| 2026-05-22 | 105.72 |
| 2026-05-21 | 100.07 |
| 2026-05-20 | 98.45 |
| 2026-05-19 | 91.74 |
| 2026-05-15 | 93.15 |
| 2026-05-14 | 108.27 |
| 2026-05-13 | 102.19 |
| 2026-05-12 | 100.36 |
| 2026-05-11 | 108.48 |
| 2026-05-08 | 101.91 |
| 2026-05-07 | 94.28 |
| 2026-05-06 | 101.06 |
| 2026-05-05 | 98.31 |
| 2026-05-04 | 90.96 |
| 2026-05-01 | 91.10 |
| 2026-04-30 | 88.92 |
| 2026-04-29 | 86.94 |
| 2026-04-28 | 86.87 |
| 2026-04-27 | 89.62 |
| 2026-04-24 | 93.79 |
| 2026-04-23 | 98.10 |
| 2026-04-22 | 97.53 |
| 2026-04-21 | 91.95 |
| 2026-04-20 | 95.77 |
| 2026-04-17 | 93.36 |
| 2026-04-16 | 92.73 |
| 2026-04-15 | 91.88 |
| 2026-04-14 | 92.73 |
| 2026-04-13 | 82.63 |
| 2026-04-10 | 80.93 |
| 2026-04-09 | 80.30 |
| 2026-04-08 | 79.59 |
| 2026-04-07 | 74.37 |
| 2026-04-06 | 79.24 |
| 2026-04-02 | 79.52 |
| 2026-04-01 | 79.45 |